UBS MS GS Bullshit

Argument against Universal Bank.

Recently, we have been hearing about how Goldman Sachs ("GS") and Morgan Stanley ("MS") should merge or acquire a commercial bank. That is bullshit. Sure, the experts say that it helps the banks liquidity and lessens the losses from crisises like this one we're experiencing now. It couldn't be further from the truth. Merging with a commercial bank is the last thing GS or MS want to do. People say the standalone investment bank is dead. All lies. Here's why:

1.Hypocricy- Hank Paulson says that big institutions shouldn't be allowed to fail. Well.. ummm it commercial banks merge with investment banks, they get BIGGER, not SMALLER. The government says it wants smaller companies, to avoid ripple-effect catastrophes in the financial world. The why did they help broker and finance the acquisition of Bear Stearns by JP Morgan?